I know what you mean. I like (many others) want to believe this will come good one day. The realist in me however just doesn't trust the BOD. We know they lie and decieve, yet we forgive them too easy. Maybe its beacuse we are all sitting on huge paper losses, or maybe because we want to believe in something that may simply never come.
Just a thought and trying to understand Tim's actions. We know we received an upfront fee for chk1 but why hasn't he disclosed it now. Now am I correct in thinking he must show this income in Feb? So why wait, it's positive news, it's what we have all been waiting for, even if it isn't in the millions it's our first deal with an upfront payment, why hide it?! What if by February you won't be able to trade Sareum on LSE anymore, he knows that and that's the reason he doesn't want to disclose it. Thoughts on this?! Apologies for the delay trade statement other day, I'm working nightshift and mis-read advfn charts. Oops.
Hi all. Still here watching and waiting. Been busy at work but there isn't really too much more that hasn't already been said. I haven't sold any and still expect great things, it is just taking its time.
And it makes me laugh how people can say a SEDA drawdown is inevitable. The truth is we do not know. One was predicted by me (and others) in October but that was before the upfront payment was received from the CPF/BACIT co-development deal. And in this Tim committed to pay £800k by mid 2014 towards clinic trial costs. Maybe the payment received covers the day to day costs plus this expense? We currently do not know and probably wont find out until Feb.
But if Tim thought that the price would not increase before then and if a SEDA drawdown was necessary then surely he would do so now (maximum drawdown is something like £500k at a time so he would need a couple). The fact that this hasn't happened leads me to believe either a) funds are not an immediate requirement or b) Tim expects the price to be better when it is required.
hi understand your frustration i am also in heavy 30k 2years plus have seen a 20k plus drop it is nerve wracking at times but i still have faith in the products it allways takes time with pharms i used to work in pharms AZ i still feel this company have the nearest to the holy grail. hope all goes well for you and everyone else
I am holding in here, my first post. this seems to me this guys are not going any where. i been here more than a year I am sitting in a huge paper loss. so I cant see any potential in here. the board are here just to get there wages every month . draw down from SEDA maybe soon. really stuck in here.
well you really are on a mission, and given current sp granted the momentum is running with you , but given the sentiments of your update pray why did you invest in the first place?? - and please don't say TM promised this or that you appear to be far too intelligent not to have researched further than a CEO statement.
It'll hit 0.6 without a doubt. Every time Tim opens his mouth this drops. We've lost nearly 20% since his big October update and will lose another c.25% when the SEDA drawdown hits (which is absolutely inevitable). All the science in the world cant push this up, unless its worth money and lots of it.
Sareum just don't have what it takes in the short term to add value to this SP. If you are prepared to wait years (and I know some of you have already been in for years, bought low and then bought on the hype thus bringing your average up, so will have to wait more years) then you will likely see a return. But you will have to wait a very long time - looking at this every day, every week or even every month is pointless. Not one for a quick buck, never has been, never will be.
though when this does hit 0.6 and it will. i will lump back in again and with no hesitation sell at 1p we will get some sort of bull romour shortly enough via the bod to keep punters interested. yes long term you will make money but i am going to start trading this once we hit 0.6
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